Skip to main content

Global Sales of Ceramics Soar in Line with Mainstreaming of ‘Ceramic Capacitors’ across Multiple Industry Verticals, Reveals FactMR

Global ceramics consumption volume was recorded ~462 thousand KT in 2018, which is anticipated to see a healthy ~5% Y-o-Y increase in 2019. The latest report published by FactMR reveals a promising growth outlook for the global ceramics market, over the course of coming years.

The clamor for optimal efficiency has fueled innovations and developments in passive electronic components landscape. The demand for passive components is significantly taking off, owing to their abilities to control the electron flow in a circuit. Ceramic capacitors represent a bulk of the overall passive component demand and are being actively sought-after across multiple Industry verticals.


Ceramic-based electronic components, such as ceramic capacitors, are emerging as viable alternatives to the metal and plastic variants for elevating the efficiency a notch higher. Ceramic capacitors are being actively embraced across multiple industry verticals, such as consumer electronics, telecommunication, automotive, and many more. Lately, various industry verticals are showing notable preferences for multilayer ceramic capacitors (MLCCs) on the back of multiple performance advantages coupled with substantial cost savings.

The FactMR study highlights the growing demand for technical ceramics from the energy & environmental space. Increasing need for operational safety and low-wear process control has necessitated the adoption of advanced ceramics, also known as technical ceramics, in energy supply and environmental technology spaces. Technical ceramics help in curbing emission levels and facilitates optimal resource utilization and further enhancing their visibility across multimodal energy and environmental applications.

Competency in handling extreme temperatures and mechanical stresses is upholding the importance of technical ceramics across diverse applications, including power plant engines & turbines, photovoltaic systems, solar thermal energy conversions, and wind & water power. This, in turn, is creating sustained opportunities for the manufacturing companies to make headway with business expansions. 

Additive Manufacturing – Potential Solution to Die Lock Issues - 3D printing or additive manufacturing (AM), notably referred to as 3D printing, is the most recent addition to the overall manufacturing process for ceramic parts’ production. With ‘Lithography-based Ceramic Manufacturing (LCM)’ being the industry-specific name, this process is gaining notable favor owing to its ability to overcome die-lock products encountered during complex geometries, which remains unaddressed in case of traditional injection molding methods.

LCM not only reduces the wait time but also helps in significant cost reductions. Tooling-free LCM processes offer high convenience to producer-limited quantities of custom parts at reasonable costs, helping manufacturers to attain competitive benefits. Ceramic parts produced via LCM process are typically smaller and contains the number of features than an injection-molded part, while they are subjected to similar quality standards. Demand for technical ceramics in emerging countries is subjected to an increase at the significant growth rate.


According to the study, ceramics are widely used in the construction industry that is growing at a steady pace all over the world, specifically in developing regions. The demand for construction in the housing as well as commercial sector is increasing because of growing economies, urbanization, per capita income, and spending, GDP growth, population expansion. In addition, the fulfillment of the demand for better aesthetic design, and structural reliability and sustainability of buildings without a significant increase in prices has been achieved due to the effective use of ceramics. Sustained demand for ceramics from the construction sector will continue to remain a key driving force for the ceramics market across the globe.

FactMR’s analysis also suggests that the despite the market is operated by several leading players as well as multiple smaller companies, at regional and global level, there are ample companies that maintain the focus on exclusively delivering high-quality ceramics. Major vendors have increased their R&D activities for new applications, and increasing use of traditional and advanced ceramics in various industrial end users, thereby escalating the demand for ceramics.

The study tracks growth of global ceramics market over the period of 2019-2029. According to the report forecast, the market volume will witness ~5% CAGR during the forecast period.

Comments

Popular posts from this blog

Spray Polyurea Elastomers Market: Notable Developments by Key Stakeholders

 According to estimates of Fact.MR in its new research analysis, the global market for spray polyurea elastomers will reflect an impressive 9.6% volume CAGR during the period 2017 to 2026. Nearly US$ 2,760 Mn worth of spray polyurea elastomers are envisaged to be sold across the globe by 2026-end. Analysis on Sherwin Williams, Huntsman Corporation, Specialty Products Inc., and other prominent participants operating in the global spray polyurea elastomers has been incorporated in the report. Corrosion protection and abrasion resistance attributes of spray polyurea elastomers have been driving their demand in mining-related equipment and facilities. Erosion protection, waterproofing, and concrete surface protection are other key characteristics of polyurea that have fuelled their adoption in the construction sector. With robust balance sheets across the mining sector, miners in North America are adhering to an investment-led approach, which in turn has given birth to a renewed foc...

Global Sodium Percarbonate Market to Surpass Revenues worth US$ 600 Mn until the end of 2029

According to a new Fact.MR report, global demand for sodium percarbonate accounted for a sales volume of 1051 KT in 2018, which is projected to grow substantially through 2019 and beyond. A plethora of factors are shaping growth in the sodium percarbonate market , ranging from growing demand for low-cost cleaning agents to shifting customer preference for eco-friendly bleach products. The Fact.MR study finds that the demand for sodium percarbonate is being buoyed by its extensive functional benefits in both industrial and household cleaning applications. Powerful bleaching, disinfection, and cleaning capabilities are the key attributes that are highly likely to remain key influencers, sustaining sodium percarbonate sales over the forthcoming years. Request for a Customize Sample Copy of this Market Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=2527 Sodium Percarbonate Market in Numbers   The sodium percarbonate market has been envisaged to surpass reven...

Sodium Methoxide Market: Growing Demand to Impact Revenue Share during 2018-2027

The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global sodium methoxide market during the period until 2027. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the sodium methoxide market during the forecast period. Request for Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=2800 Sodium methoxide industry continues to gain lucrative opportunities across the world on the backdrop of the increasing investment in the end use industries, increasing production capacities of the key companies, increasing investment in the research & development activities. Moreover, the growth in the sodium methoxide industry has influenced its market...